SOCIAL SCIENTIST the experience of other island regions, such means are mainly used to develop transport, telecommunication, and social infrastructure as well as to support power generation. As a rule, preferential crediting of economic subjects with state guarantee is provided. The percentage of the state sector in local economy is usually rather considerable; it includes infrastructure. The state support is of considerable significance for the Kuril Islands to reconstruct sea ports, build airfields and power industry objects, create telecommunication networks, tsunami control systems, meteorological stations, seismic stations, navigation support system, system of reliable information cartographic support of economic development, objects of social infrastructure. Credits for developing enterprises and objects of overall importance, high technological equipment, and others should be guaranteed. The local authorities can and should establish preferential lease, communal payments, and use of infrastructure objects for active and significant economic subjects. Issue of bond guaranteed by local administration for development should be permitted to such subjects. It is also necessary to regulate economic relations between the military and local administration including mutual use of infrastructure. It is usually under the authority of local administration to promote means and processes of economic self-provision. Rapid rate of depreciation of basic funds is widely used while creating competitive products in main industries. The problems of stabilising taxation, adjusting systems of tax privileges, establishing common base of tax estimation are of great importance for Russia. The tax policy for the Kuril Islands should be mostly oriented to promote manufacturing than fiscal duties. In particular, it is possible to impose profits tax preferences (release from federal taxes, exclude from computation a part of means used for research, technical re-equipment, implementation of environmentally clean technologies, other innovations, etc.,) and property tax preferences, to use rapid rate of depreciation of basic funds and change the calculation base, to permit tax credits of various kinds, and, in some cases, to release from extravalue tax when import or export goods and render transportation or attendant services. Additional preferences are possible for small business (integrated tax with stable rate per year). Profit tax for resource-producing enterprises (for example, catching and processing of fish and other sea products) could be changed by differential payments for various kinds of used resources. The payments could be lower while supplying